W. Africa Crude-Spot trade thin, some programmes missing

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LONDON, July 23 – Angolan differentials remained supported on Monday by strong Asian demand due to open arbitrage but Nigerian spot remained slow, with some programmes still missing and allocations not yet clear.

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* Angola’s state oil company was offering three cargoes: Cabinda at dated Brent flat, Dalia at dated Brent minus 80 cents a barrel and Saturno at dated Brent minus $1.

* Nigeria’s Forcados programme for September had yet to emerge.

* Indonesia’s Pertamina closed a crude tender for September delivery. Buyer details were not immediately available.
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* Iran was the second-biggest oil supplier to Indian state refiners between April and June, India’s oil minister said on Monday, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran.

* About 40 rig workers started a 24-hour strike on Monday on the Alwyn, Elgin and Dunbar platforms in the British North Sea, curbing gas flows to shore, but stored crude was expected to mitigate any oil supply disruption.

* Libya’s El Feel oil field is producing between 50,000 and 60,000 barrels a day after resuming work following several months of closure, a field engineer said on Monday. (Reporting by Julia Payne Editing by David Goodman ) ))

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